Top 5 factors that reduce the value of home


People put their home up for sale expecting to get a certain minimum value while selling. However, there are times when your property or home could fetch an amount that is far below the seller’s expectation due to various factors that are pulling its value down. Though certain factors are completely unavoidable, ensure that you check for other reasons that can enhance the value of your home. 
Take a look at some of the key factors that reduce the value of your home:
  1. Bad floor plan
Small rooms or rooms without attached bath or small bathrooms is likely to decrease the value of your home.

  1. Poorly maintained property
An uncared and unmaintained property or home will not be recommended by any and will lead to slashing down the rate by a considerable amount.

  1. Bad flooring
Dull or cracked floors will contribute largely to reduce the value of your house. Getting floors re-surfaced or cleaned by the client will only take away money from your pocket.

  1. Poor location and neighborhood
Home near airport or train tracks or one that has unpleasing views will not get good sale value. Having cell-phone tower or a power plant in close vicinity will also have a negative impact on its value.

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